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The Liberum AltFi Volume Index (UK) crossed the £5bn mark in cumulative financing originations earlier in November, a major milestone in the remarkable growth of the nascent online lending industry. To contextualise this figure, £2.4bn of the total has been added in 2015 alone, demonstrating the growth of an industry which has spanned a little over a decade.

Sector

Oct-15

Sep-15

Aug-15

Jul-15

Peer-to-Peer YoY Growth

80.70%

74.73%

69.29%

63.23%

Peer-to-Peer Consumer YoY Growth

77.51%

76.76%

72.16%

63.26%

Invoice Financing YoY Growth

78.68%

23.00%

14.48%

-0.94%

Crowdfunding YoY Growth

466.42%

294.51%

144.83%

69.93%

According to the LAVI, annualised growth across sectors has accelerated in the latter half of 2015. The exception appears to be peer to peer consumer lending where Year-on-Year growth (YoY) has notably declined and fluctuated, but nevertheless has exceeded industry wide peer to peer growth. The reverse is accurate for marketplace business lenders, as shown in the table above. Significantly we can see that the acceleration in growth in invoice financing and equity crowdfunding has been little short of dramatic as we approach the closing stages of 2015.

The end of year will be significant for invoice financing, given the suppressed growth this particular sector of the wider industry endured in November and December 2014. With that said, the index on the whole registered increasing rates of growth in both months.

6th June 2016Lisa Walls-Hester

12th May 2016Lisa Walls-Hester

3rd December 2015Sukhwinder Shoker

24th August 2015Sukhwinder Shoker

About AltFi

Altfi provides market-leading news, insights and data on the rapidly growing alternative finance and fintech world. Our core focus is on alternative lenders, including both peer-to-peer/marketplace lenders and direct lenders as well as investment in alternative credit, equity crowdfunding, challenger banks and robo-advice. In addition, AltFi runs major industry conferences and seminars globally, and our sister company AltFi Data is widely regarded as the premier source of institution-grade analytics for alternative finance.